2.“A business will survive and grow in an environment that is friendly to it. That external environment which fully supports business make it easy for an organization to succeed." Answer the following questions: a) How external environment affects the business operations. Give at least two (2) examples or situations to support your answer.

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter1: Role Of Accounting In Society
Section: Chapter Questions
Problem 6MC: Which of the following is not true? A. Organizations share a common purpose or mission. B....
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2."A business will survive and grow in an
environment that is friendly to it. That
external environment which fully supports
business make it easy for an organization to
succeed."
Answer the following questions:
a) How external environment affects the
business operations. Give at least two (2)
examples or situations to support your answer.
Transcribed Image Text:2."A business will survive and grow in an environment that is friendly to it. That external environment which fully supports business make it easy for an organization to succeed." Answer the following questions: a) How external environment affects the business operations. Give at least two (2) examples or situations to support your answer.
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